Australia’s automotive industry continues its streak of record-breaking new vehicle sales, setting yet another new record tally for May.
A total of 111,099 vehicles were sold in May 2024, surpassing last year’s figure of 105,694, the previous best May result on record.
The year-to-date sales now stand at 512,753, marking an increase of 55,920 vehicles compared to the same period last year (456,833).
Toyota was the market leader with sales of 23,389, followed by Ford (8806), Mazda (8002), Kia (7504) and Hyundai (6495).
The Ford Ranger was Australia’s top-selling vehicle with sales of 5912, followed by the Toyota Hilux (5702), Toyota RAV4 (5517), Isuzu Ute D-Max (2612) and Toyota Landcruiser (2578).
FCAI chief executive Tony Weber says that another record-breaking month underscores the ongoing strength of the industry.
“The continued growth highlights consumer confidence and the industry’s ability to meet diverse needs of Australian motorists despite current economic challenges,” Weber says.
“The Australian market is one of the most open and competitive in the world, which supplies consumers with a wide choice of vehicles across all segments and price categories.”
Monthly sales of Hybrid and Plug-in Hybrid vehicles saw a notable increase, capturing 15.8% of the market compared to 7.9% in the previous year. Battery Electric Vehicles saw a slight increase in sales, accounting for 8.1% of new sales, up from 7.7% in the same month last year.
Sales in the Australian Capital Territory were up by 10.6% (1673); New South Wales increased by 5.3% (33,145); Queensland increased by 5.5% (23,534); South Australia increased by 11.3%(7501); Victoria increased by 3.2% (30,095); Western Australia increased by 5.4%(12,334), Tasmania increased by 7.1% (1818) and Northern Territory decreased by 8.8% (999).
